More than half of the investment transactions recorded on Poland’s warehouse market have gone to regional locations rather than the country’s five biggest logistics hubs. The shift has been building for several years and may redraw the logistics map of Poland.
Poland holds roughly 38 million sqm of modern warehouse space. Close to 70 percent of that stock sits in five main markets: Warsaw, Poznań, Wrocław, Upper Silesia and Central Poland.
The remaining 25-30 percent is scattered across a varied group of regional markets. Their slice of the existing stock is far smaller, yet those same locations generated more than half of the deals closed on the investment market.
Infrastructure and nearshoring change the picture
Jakub Leszczyński, Transaction Director at Accolade, ties the trend to infrastructure development, the growth of the Polish economy and the maturing of the warehouse sector. He will take part in a panel at the XVI Property Forum in Warsaw.
– This is a lasting and structural change that we have been observing for a good few years now. It results mainly from infrastructure development, from Poland’s economic growth, from the maturing of the warehouse market, but also from aspects such as supply chain diversification and the development of nearshoring – said Jakub Leszczyński.
What investors weigh before they commit
The Accolade director points to the fate of a location after a project is completed as one of the factors that shapes how attractive a market looks to capital.
– An element that also decides about the attractiveness of a market is what may happen to it after the investment – said Jakub Leszczyński.
The five largest agglomerations still hold the bulk of Poland’s modern warehouse capacity, so the tilt toward smaller markets is visible above all in the flow of capital rather than in the existing stock of buildings. Regional locations are far from uniform, spanning a broad range of cities and transport corridors.
Źródło: WNP.PL (PTWP – PropertyNews.pl), Fot. PTWP
